Bright Scholar Education Holdings (Bright Scholar Education Holdings) Debt-to-Equity : 1.08 (As of Feb. 2024)

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What is Bright Scholar Education Holdings Debt-to-Equity?

Bright Scholar Education Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $17.8 Mil. Bright Scholar Education Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $203.0 Mil. Bright Scholar Education Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $203.6 Mil. Bright Scholar Education Holdings's debt to equity for the quarter that ended in Feb. 2024 was 1.08.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bright Scholar Education Holdings's Debt-to-Equity or its related term are showing as below:

BEDU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 1.16 Max: 1.77
Current: 1.08

During the past 10 years, the highest Debt-to-Equity Ratio of Bright Scholar Education Holdings was 1.77. The lowest was 0.02. And the median was 1.16.

BEDU's Debt-to-Equity is ranked worse than
78.92% of 223 companies
in the Education industry
Industry Median: 0.34 vs BEDU: 1.08

Bright Scholar Education Holdings Debt-to-Equity Historical Data

The historical data trend for Bright Scholar Education Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bright Scholar Education Holdings Debt-to-Equity Chart

Bright Scholar Education Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.80

1.76

1.72

1.01

1.16

Bright Scholar Education Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															1.01	1.03	1.16	1.10	1.08

Competitive Comparison of Bright Scholar Education Holdings's Debt-to-Equity

For the Education & Training Services subindustry, Bright Scholar Education Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bright Scholar Education Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bright Scholar Education Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bright Scholar Education Holdings's Debt-to-Equity falls into.

Bright Scholar Education Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bright Scholar Education Holdings's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(17.306	+	210.143)	/	195.432
	=	1.16

Bright Scholar Education Holdings's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(17.789	+	202.969)	/	203.579
	=	1.08

Bright Scholar Education Holdings (NYSE:BEDU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bright Scholar Education Holdings Debt-to-Equity Related Terms

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Bright Scholar Education Holdings (Bright Scholar Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (NYSE:BEDU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BSK0:Germany

Address

No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300

Website

https://www.brightscholar.com

Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.